Organizer: Nona

Fear and Greed Index: 55 (Greed)
Bitcoin price: $114,344
BTC/ETH Spot ETF Fund Flow (8.4)
BTC Net Outflow: $333.19 M
ETH net outflow: $465.06 M

Regulation/Macro

After the introduction of the "GENIUS Act", the supply of yield-bearing stablecoins surged, with the supply of USDe increasing by 70%.
Since the passage of the GENIUS Act in July, the supply of yield-bearing stablecoins has surged, as the act prohibits issuers from providing stablecoin yields. On-chain data shows that the biggest beneficiaries are Ethena USDe (USDe) and Sky's USDS (USDS). Since July 18, the circulating supply of USDe has increased by 70%, reaching 94.9.

On August 2nd, the University of Malaysia hosted a groundbreaking conference on ideas - "Corporate Sustainability Summit: Empowering Transparency in Philanthropy with Web3 Technology", which successfully concluded under global attention!
This event is co-hosted by LUMA Ecosystem, Feixiaohao (Feixiaohao.ai), Talking Web3, and the Madani Foundation, bringing together community leaders, entrepreneurs, public welfare organizations, and blockchain experts from around the world to engage in in-depth discussions and project connections centered around the theme of "Technology × Public Welfare × Sustainable Development." This is not only an innovation of ideas but also a clarion call to action!
Highlights from the on-site review of the "Corporate Sustainable Development Summit: Web3 Technology Empowering Transparency in Public Welfare"
Technology empowers public welfare: Public welfare is no longer a "black box", transparency becomes the standard!
The first public demonstration of how Web3 blockchain technology can achieve "full-chain traceability for every donation" in public welfare scenarios.

Written by: Lyn Alden
Compiled by: AididiaoJP, Foresight News

The views of cypherpunks and traditional institutions on Bitcoin stocks differ, but both have their merits. Bitcoin must function as a free currency, but the influx of capital into Bitcoin is also completely reasonable.

Over the past year or so, the rise of Bitcoin has largely been driven by the emergence of treasury strategies in publicly listed companies.

Although MicroStrategy set this precedent as early as 2020, other companies have been slow to follow. However, after the Financial Accounting Standards Board (FASB) made significant updates to the accounting treatment of Bitcoin on balance sheets in 2023, a new wave of Bitcoin treasury asset strategies has emerged in 2024 and 2025.

This article discusses this trend.

The upcoming "stablecoin regulations" in Hong Kong facilitate the entry of mainland assets into the global market via Hong Kong, making the choice of blockchain infrastructure crucial. Projects must meet requirements for performance, security, compliance, and transparency, and must be regulated and controlled for risk through suitable technical architecture to ensure investor rights. The effective selection of blockchain can promote the digital transformation of physical assets.

Source: Talking Li Talking Outside
Last week, due to disappointing non-farm data from the United States (not only was the number of new jobs in July lower than expected, but the data for May and June was also significantly revised down), the U.S. announced a new round of import tariffs (the new tariffs will officially take effect on August 7, with rates for some countries reaching as high as 50%), along with geopolitical shocks (last week, Trump made nuclear submarine threat remarks against Russia during an interview), the crypto market (including the stock market) experienced another phase of volatility, with BTC dropping from $120,000 to around $112,000, and ETH falling from $3,900 to around $3,300.
In terms of spot ETF inflows and outflows, the BTC ETF experienced net outflows last week after maintaining seven weeks of net inflows, with net outflows reaching $643 million. As

VideoTruth is a decentralized application based on the Ignis blockchain, which recently released its Alpha testing version, aiming to verify the authenticity and originality of video content through blockchain technology. The application allows users to upload videos, generate content fingerprints, and verify their sources, addressing issues related to digital content copyright disputes and enhancing creators' protection capabilities. Due to the high scalability and comprehensive data integrity features of the Ignis chain, VideoTruth showcases the vast potential of Web3 applications.

The Bitcoin Halving is a scheduled event that occurs every 210,000 blocks (approximately every four years) to regulate the rate of new Bitcoin generation. During this event, the rewards that miners receive for adding new blocks to the Blockchain are halved, thereby reducing the supply of new coins.

The Halving mechanism has two main purposes: to control inflation by limiting the new supply of Bitcoin, and to maintain the stability of Bitcoin's value. By reducing the influx of new Bitcoins into the market, the Halving ensures the scarcity of Bitcoin and may appreciate in value over time.

How does Halving work

Bitcoin mining requires powerful computing power, and miners will receive newly mined Bitcoins as rewards. This reward decreases every four years to ensure network security and decentralization while gradually reducing the total supply of Bitcoin.

The halving mechanism is encoded in the underlying code of Bitcoin. Whenever a miner successfully